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Hon Doc says Diversity is Strength at Schulich Convocation

Hon Doc Bharat Masrani (MBA 79), President and CEO of TD Bank Group

Schulich has one of the most diverse student bodies of any business school in North America and in today’s global economy this provides a significant competitive advantage, according to Bharat Masrani (MBA ’79), President and CEO of TD Bank Group.

“In Canada, we see diversity as a strength – not a weakness,” said Masrani to the over 1000 graduating students at Spring Convocation, where he was awarded an Honorary Doctor of Laws by York University for his achievements in business and the community. “I’m convinced that success, in whatever form, relies on the forces that bring us together, not drive us apart.”

Masrani became the first member of a visible minority to ascend to the corner office of a major Canadian bank, being appointed President and CEO of TD in 2014. His banking career with TD spans more than three decades of multi-faceted experience. Starting his career at TD in 1987, he has held various roles in four countries, including India where in 1995 he set up the bank’s first offices in Mumbai.

Born and raised in Uganda, in the early 70’s his community was expelled despite being active in the country’s growing economy. Moving to Canada and attending Schulich, he was never denied the opportunities to excel. According to Masrani, his success was only measured by his level of commitment, his abilities, and character.

“Bharat Masrani’s extraordinary business career, his global orientation, and his commitment to the principles of diversity and inclusion are an inspiration to our students and graduates alike,” said Schulich Dean Dezsö J. Horváth.